TIBBS DEMENTIA FOUNDATION A company Incorporated in England and Wales Number 9442324 Registered Charity number 1166596 FINANCIALSTATEMENTSANDREPORTS FOR THE YEAR ENDED 31 ST MARCH 2025 Registered Office 40 Kimbolton Road, Bedford MK40 2NR Administrative Office 5 Lansdowne Road Bedford MK40 2BY Website: wryvw.tibbsdementia.co.uk
TIBBS DEMENTIA FOUNDATION TRUSTEES, (DIRECTORS,) REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 CONTENTS Report of ihe Trustees, (Directors,) Pages Independent Examiner's Report Statement of Financial Activities P7Age 10 Balance Sheet Pag¢ Notes on the Financial Statemcnts Pag¢s 12-17
TIBBS DEMENTIA FOUNDATION TRUSTEES, (DIRECTORS,) REPORT FOR THE YEAR ENDED 31ST MARCH 2025 The Trust¢¢s (who arc also Dircctors of thc company for th¢ purpos¢s (Trf c.ompany Law) prcscnt thcir annual report with the financial statements for the year ended 31 March 2025. Th¢ finanLtal 8tatcments comply wilh the requircmenlb Of the Ci)mpanies Act 2006. the Charities ALt 201 l. the Memorandum and Articles of the company, Fittanctal Reporting Standard 102 and follow the recommendations in Accoui)ting and Reporting by ChaTlties. STRUCTURE, GOVERNANCE AND fvIANAGEtsNT Tibbs Dementia Foundation is a company limited by guarantee (coinpany nuinber 9442324) and was register¢d as a ¢liariry (charity nuinb¢r 1166596) on 18, April 2016. The governing instrument of the haritabl¢ Company is thc Mcmorandum and Arti¢1¢s of Association. Th¢ m¢mbership has the legal responsibilities in th¢ gov¢rnanG¢ of th¢ charity tor ¢Iting tEL¢ directors who are also the Trustees. Its responsibilities also include.. the admission and classification of members of thL Ltsmpatty 1¢hty." agreeing procedures at general mcetings and mcetings of th¢ directors itrusteES; reLeiving ihe annual report &nd financial %Éaternenis of the direLtUTS /tTUStees and PPintIng the independent examiner. Being PA company limited by guarantee. there is also a board of directors who thlso act as tnjstees of the registered cbarity. Thc DI[tOrS and trust¢¢s of th¢ boundatiorL during the y¢ai w¢re: Nick Willis Icliairman) Harjinder Singh Gosal (Resigned 5 September 2024) Stcphcn Lon& (Rcsiu7n¢d 31 fvIdrih 2025) JcnnifeT Toilllin8on David Eales Janet Herbert (App)inted 24 April 2024) Richard Gallivan {Appointcd 22 May 2024) The trustees manage the busine4s of the Lharity and are Tesponsible foT ensuring that the charity is solvcnt, well-rnn, and delivering the charilable outcomes for ivhicli it lias been set lip. ensuring the charity complie5 tv?th cha¥ity law aud wilh th¢ requiremenls of the ChariLy Comlnission, tha¢ ih¢ charity, does not breach any of the requiTemenLs of its gOernIng document and ihal it remain8 truc to th¢ charitabl¢ purpos¢ s¢t out thcrc, acting with inlcgrity and as'oiding any pcrsonal conflicts of interest or mi8use of th¢ ¢harity's funds or assets, appoints and regulaling the fsnancial affairs of the charity. Th¢ trusi¢cs may enter into contract5, appoint and employ Staff, detemiine staff remuneration and conditions of servsce. Thc trust¢¢s m¢cl Icgularly duiing thc ycar as required. Meetings provide an opportunity for Trustees to dÉscuss their respective roles and respottsibilitie% and be made aware ot b1n¢55 and l¢gi8lalive clmngcs When rcquir¢d tormal training or advice from consultants is received. Day to Day rnanagement of the charity 15 delegatcd to the Chief Execiitive Officer, Sardh Russell.
TIBBS DEIVIENTIA FOIJNDATION TRUSTEES, (DIRECTORS,) REPORT ST FOR THE YEAR EIYDED 31 MARCH 2025 OBJECTTVES AND ACTIVITTES (inLluding R¢vi¢w of the year) Tibbs Dementia FoundatiorA objcct is to provide services which promote tlie iEnproved health of peoplt affected by demellt ai)d which provide relief. ittGliiding care and 511PPOrt, to peopl¢ with dementia and those who caTe for them. th Tibbs D¢m¢nlia Foundation has fror(L the 15 April 2016 iaken uver r¢sponsibilily for the projects previously prowided by Tibb8 D¢mcnlia Scrviccs CJC and has continucd &s its principal activity to develop tRkese services to b¢n¢fit people with demelltia and their carers wiihiTh tlie local Bedford coJnmunity and C¢ntral Bedfordshire. Tibbs Dementia Foundation provides five core services.. "Music 4 Memory" a creative musiLal SPdLe for carers and p¢ople with demenlia drawing on the plliiriples ofrnusic therapy artd with opportunities for performance provided through regul. group sessions, individual "at homc" 8essions. and group sessions in care homes. Structured .sessions desiglled to stimulate iiidividuals with (tementia, SULh ACtil-l¢8, Clear VoiLL% <tnd Lognitii'c Stimulatiun Tlierapy. and s¢ssions to cnable family careers to share tli¢ir expcrienLes wilh others lielping. lo reduLc is(Jl4t?on and opportunities to ltran] from other8 cxperiences. such as EnLompass (carer% 5UPPOrt griTrup) aT)d 1-2-1 CounsLlling'. Challengers 4 Memory ivhich include rcgular sessions of a rang¢ of fun, sociable. physicallv Stimulating activiti¢s. including regulai bC&SiOllS of indoor bowls, walking fooiball, a 'a]k1Thg group. wellb¢ing session, cir¢uit training and aerobics, yoga. ld woiking on an allolm¢nt. Inforniation sessions offering opp()Ttunitics family carcrs and people with a diagnosis to develop their undcrstanding of deLnentia and the support netw-orks available. Social activiti¢s througb our drop in gruups Tibb5 4 Tea5 OUtiLigs. Tibbs Dementia Foundation cmploys 18 fulvpart timc cmployecs, a few contractors who support speLifi activittcs aThd ovcr 60 unpaid volunl¢¢rs without whom it would not be able to provide the rdngye and quality of service5 provided. In the year to 3 l1t March 2025, it is estimated tbat volunt¢crs provided over 10(M) hours of s¢rvice to the charity. In April 2022 the Charity. haling been awarded a three year contract by Ccntrdl Bedfordshir¢ Council {"CBC") with commensurate gtant funding provided by CBC, stsrt¢d to ¢xt¢nd its setvices across Central Bedfordshire. Sinc¢ then Tibbs Demenlia Foundation steadily increased the number of %crviccs it provides across the region providing a comprehenstve servyce by th¢ cnd of thc finallciai year.
TIBBS DEMENTIA FOUNDATION TRUSTEES, (DIRECTORS,) REPORT ST FOR THE YEAR ENDED 31 MARCH 2025 RISK REVIEW Thc triistees rLgularly undcrtak'e a wide ranging apprai121 in order to identify major risks to whi¢h the charity Is ¢.¥poscd. Steps are taken ll-.ith a vieiv to mitigiatinsi these risks as f&r as is reasonably possible. Insurance. staff trainsngT and ¢ons¢iousn¢ss raising is r¢gFard¢d 5criously dnd policies arc in place and regularly reviewed to counter th¢se risks. The trustees are awar¢ that con¢&Dued fInLIa1 stability of the charity relies on grant fundlllg and sexvice conlracts together with donations from ihe IoLal co]nn)UTJity. The trustees b¢li¢vc Ihal thc limc framcs for which its grant income is agreed is reasonably assured and that expenditure, linked to grants are also maTed within similar tim¢ trames. Th¢ trustccs notc that on 8, May 2025 Tibbs Dementia Foundation was awarded Lottery bunding of £333,417 to be spread over 3 years, starting from I sl July 202$ Tibbs Dcmentia FoundJtioll is aware of the iinplications of tlle Dtsability Discrimination Act in all of its activitics. Trustces at)d th¢ir staff hav¢ been made aware ot, and are required to implement, data protection principles in line with GDPR.
TIBBS DEMENTIA FOUNDATION TRUSTEES, (DIRECTORS,) REPORT FOR THE YEAR ENDED 31ST MARCH 2025 (conlinued) PUBLIC BENEFIT In compiling this report, the Trustees have givcn due regard to the public beiiefit guidance as issued by the Charity Commission. The trustees considcr tliat the range ot- actii'ities detail¢d above fulfill these rcquircments in that they benefit peopl¢ with dcmcntia and their carers throughout the geographical area in which ihe charily operates. FINANCIAL REVIEW The r¢8ults for the year, as given in the StaterneTht of Finaiicial Activities, are consid¢r¢d satisfactory by the trustees. In the yw to 31" March 2025 the charity has been depcndent upon grant funding from Bedford Borough Council, Cenirnl B¢dfordshire Council, and the Harpur TnLSt which rcpresentcd TOU8hiy 600/0 of the cha]ity's income with th¢ othcr 40% originating fronL client doDatOnS and third party fimd-raibing. the year to 31" March 2025 Tibbs Dementia FouDdation PTovid¢d face lo face services and activili¢5 whj'lsl continuingT to provid¢ Zoom meetings and activities to those less able tn attcnd face to face meetinE8. tNstees believe that with th¢ E¢vcl of available resetves and care] planning and fllw]cial management the charity will be able to mcct all of requirements of the CBC conlract and contsnuc to expalld its 5ervi¢¢s across Bedford and Central Bedford8hire as needs requiTe. RESERVES POLICY It LS the policy of the trngtees to ensure that the charity has adequat¢ res¢rve$ to enable it to meet both its ongoing commitments in Tegard to general charitable activiiics: and TL5 futurc nd7Th8 requirements. The trustee$ idcally require as rcscrvcs of a minimum of betwcen ihree and six months ¢xpcndiliitc in order to meet any contractual glnd winding up c05t5. The trustees consider the level ofrescrvcs as at 31" Marcli 2025 to bc sufficient for ihe present situation and r¢quir¢mcnls of the charity parÈi¢ularly aftertaking into acL'OUlli the length of already agreed grants and funding agreemenls. but will conlillu¢ io r¢vicw ibe overall positio and policy at regular inteTvals. As at 31° March 2025 the charity h¢ld res¢rY¢s of £205,079.19.
TIBBS DEMENTIA FOUNDATION TRUSTEES, (DIRECTORS,) REPORT ST FOR THE YEAR ENDED 31 MARCH 2025 (continued) STATEMENT OF TRUSTEES RESPONSIBILITIES Th¢ trust¢¢s (wlio arc also tbe directors of Tibbs D¥mentia Foundation for the purposes of company law) are responsible for preparing the Trustees, Annual Report and the findncial statements in a¢cordanLe Thith applicable law and Uniled Kingdom Accounting Standards. Company law requircs the Trustccs to PTcparc financial %tatcments for each fii)ancial ycar. whicli give a truc and fair N'icw of the state of dffairs of thc LOTnp£lny and of thv tnLUlllln1 resourccs dnd the appliLatio of those resources: includillg its income and expendire for tlje perAOd. tn preparing iho.se financial slalememts thL Tru.qtees aTC vcquircd to= stlcct suitable accounting policies and apply them consistently: makc judgm¢nts and est&mates that are reasonable and prndent. Obscr¢ the method5 and principles ill the Ciwilies SORP 2015 (FRS102); slate whether &ppliGable UK Accounting slandd5 have been followed subjeci to any material departuiys discloqed and explained in the financial %tulLlfLmlS.' prepare the fiancEal statements on the goin8 concern basis unless it 18 inappropriate to presume Ihat the coinpany will continue in operation.
TIBBS DEMENTIA FOUNDATION TRUSTEES, (DKRECTORS,) REPORT FOR THE YEAR ENDED 31ST MARCH 2025 (continued) The Trustees ar¢ r¢sponsible for keeping PToper accounting rccords thai disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensurc that thc fillaiicial stateInents comply with the Companies Act 2006. They are also responsible for safeguarding the asset5 of the ¢oinpany and hence for taking reasonablt Steps for the prevention and detection ot'fraud and other irregulariti¢s. The trustees are rcsponsiblc for thc maintenance and the integrity of the corporatc and fIn7ClaI information incliided on the company website. LLgiSlation in thc United Kingdom gov¢rnin¢y the prLpaTation and di55emination of tiiiancial statements mdy differ fmni lewslatlOD in oih¢r jurisdictions. In so far the Tru8lc¢s ar¢ aware.. there is no relevant information wliich the company's illdepeiident eKamin¢r is unaware of #nd the Trustccs have taken all die step5 1lia¢ they ougFht to hav¥ taken 10 make tlicms¢lii¢s aware of any relei'ant infotmation and to ¢slablt5h that the company's independelll exaniitL¢r is aware of ihe intormatioÈk. This rcport has been prepared in accordance with the sprxial provisions of Part 15 of the CumwdT)i¢5 Act 2006 laling to small co]npanies. INDEPENDEKf r.XAMtNER Andrew Uplon FCCA of Collett Ilulance 40, Kimholton Road, Bedford MK40 2NR wa5 appointed ats Imdependcnt F.xaminer of the c.ompany at an extraordinary general rneeling and a rcsolution proposing his reappoiiilinent will be propos¢d ai ihe next knnual General Meeting. Approved on behnlf ol th¢ Board of DirectorslTrusteeb on 2025. N Harris Chairnun of Trustces/Dire¢tor (appointed i sl June 2025)
TIBBS DEMENTIA FOUNDATION COMPANY LIMITED BY GUARANTEE INDFPENDENT EXAMtNERS REPORT TO THE MEMBERS OF TIBBS DEMENTIA FOUNDATION ST YEARENDED 31 MARCH 2025 I report on the aLLounts of th¢ company foT th¢ ycur ¢nd¢d 31 Mdr¥h 2025. RESPECTIVE RESPONSJBTLITtES OF TRITSTEES AND EXAMINER The trustees (who are also the directors of TRbb% Dementia Foundation for tlie purposes of company law) are rcsponsiblc for thc preparation of the accounts. The trustees consider that an audit is not required for Èhis year uiidcr s¢¢tion 144{2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. Hairinu satisfied my.qelf thal the companv is not subject to audit under company law and is eligible for indepcndent examination. it is inv responsibility to: ¢xamin¢ the accounts uThder gection 145 of tbe 2011 ALt' to follow ihe procedures laid down in the General Directions given by the Charity Commission under ction 145(5)(6) of the 201 l Act. and to State wh¢ih¢r Parti1&r mattcrs hav¢ come to my attcntion. BASIS OF tNDF.PF.NDFNT FXAMINFRIS RF.PORT My examination was carried QLLt in &ccordan¢e with the Gen¢ral Direc¢ions givcn by the Charity Commission. An examination includeg 8 reIeW of rhe accounting records kept by tlie company and a omparison of the account5 presented with thos¢ r¢¢ords. It also includ¢s ¢onsid¢ration of any unusual items or disclusureb in the aLLoiinls, and seeking explanations froin you as ITUSt¢¢s ¢on¢¢rning any such Tnatterb. The procedures undertak¢n do not provide all the evidence that woiild be required in an audit and consequently no opinion ig given as lo whether the accoiints pres¢nf a "tru¢ and fatr vi¢w" and thc report is limited to those matters s¢t out in th¢ stat¢m¢ut below.
TIBBS DEMENTIA FOIJNDATION COMPANY LIMITED BY GUARANTEE INDEPENDENT EXAMtNERS REPORT TO THE MEMBERS OF TIBBS DEMENTIA FOUNDATION {continued) YEAR ENDED 31. MARCH 2025 INDEPENDENT EXAMINER'S STATEMENT In connection with my ¢xaminalion no matter has come to my attention.. (l) which give5 me rcasonable Cause lo b¢ii¢v¢ that in uny material respeLt thr rcquireYnent5.' to kccp aLcounling record5 in accordance with section 386 of the Companies ALt 2006 and to prepare accounts w]llch accord with the accounting records. Lomply witli cOuntIng requiremenis of section 396 of the Companies Act 2006 and lth the methodE and principles of the Siatemenl of Recominended PraLtiee-. Accounting and Reporting by Charities hav¢ not been met., or {2) to which in my opinion attention should be drawn in order to enable a proper undeTgtanding of th¢ accounts to bc reached_ AndtLW Uptoii FCCA Independent Examiner Collett Hulance 40 Kimbolton Road Bedford MK402NR Date
TIBBS DEMENTIA FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES (including Income and Expenditure Account) 5T FOR THE YEAR ENDED 31 MARCH 2025 21125 'I'otal Funds 2024 Note LTnre5tricted Funds Restrirted Fund$ Funds INC.OMF. bRONI Donations & Granls Activitieg for Geiieral Fundtng Charitablc Activitieg Invest]nenL lJJcom¢ 313,747.70 8,487.94 59,997.51 3.484.78 9,683.85 o.oo 0.00 0.00 323.431.55 8,487_94 59,997.51 3,484.78 368,833.1 I 11.599.50 43,689.56 2,399.00 TOTAL 385,717.93 9,683.85 395.401.78 426,521.17 EXPE]NTIITIIRE ON Ratsing Fund Charitable ALtiNitieb Siipport Costs 0.00 441,838.12 20.634.91 0.00 0.00 0.00 0.00 441,838.12 20.634.91 0.00 350,075.36 39,102.06 TOIAL 462,473.03 0.00 462,473.03 389,177.42 NET INCOME Oth¢r Gains {76.755.10) 9.683.85 {67.071.25) 0.00 0.00 37,343.75 NET MOVEMENT IN FUNDS (76,755.111) 9,683.85 (67.071.25) 37,343.75 REC.ONCII.IATION OF FIIIYDS Funds brought fonvard 272,150.44 0.00 272,150.44 234,806.69 TOTAL FUNDS CARRIED FORII'ARD 19S.395.34 9,683.85 2US,07Y.19 272,1$0.44 All ihe above activkttes represent ongoing activities. No taK is payable for the year ended 31. Mah 2025 (Nil 2024). All recoLynised gaitts and losses Lre reflected An the Stalement ot Financial Activities aThd thereforc no separate Statement of Total Recogniscd GaiDs aiid Losses is disclosed. 10
TIBBS DEMENTIA FOUNDATION BAJ.ANC"E SHEET ST AS AT 31 MARCH 2025 2025 2024 CURREprf.dSSETS Stock of bad&Fes, ctc. Debtors Cash at Bank Cash flo<lt 0.00 ? 123_42 233.781.22 0.00 333.75 25.969.34 262,906.55 0.00 235,904.64 289,209.64 L¢ss'. CURRETrIT LIABILITIF.S Sundry C.rcditors Grallts received in advanc PaJYnent5 in AdvanLe 14.987.45 15,838.00 0.00 12,980.45 818.75 3.260.00 30.825.45 17,059.20 NET ASSETS 205,079.19 272,1.S0.44 REPRESENTED BY: Restricted Funds 9,6g3.85 0.00 Unrestricted Funds General Fund 195,395.34 272.150.44 20.S.079.19 272.150.44 Thc5c financial atCmcThts have bcen prepared in accordance with the bpcuial provisions for small coiiipanies under Part 15 of the Companies Aut 2006. Thc coEiipany is entitled to ex¢mption from audit und¢r Section 477 of the CoillpaJ)i¢s A¢1 2006 relaling to small companies tor th¢ y¢ar ¢nd¢d 31" Marcb 202). ThL mLmbeTS h4ive Thot requiTed tlie coinpany to obtain an audit of its financial statements for thc year cndcd 31 * March 2025 in accoidai)¢e with S¢¢tion 476 ot the Coinpanies Act 2006. The Directors iTrustees acknowledgc thcir rcspon8ibilitics for.. (a) cnsurlng thal the company keep5 accounting records that comply with Sections 386 and 387 of the Companic.4 Act 2006 aud (b) preparin&i financial stdttFnents' which give a trLi¢ and lair vi¢w of the stale of affairs of the company as at the End uf edch financial year and of its Surp1 or d¢fi¢it for ¢ach financial year in a¢¢ordancc 14rith the requirements of section$ 394 aiid 395 and whieh otlicnvisc comply with thc rcqukrements of the Coinpanies Aet 2006 relating to financial statements so far as 1% applicablL to thc coPay. These financial SIatrentS wcie approved by the Board of Trustees o]J its behal 025 and signed oil -by.. N Hkjrris ChaiTman of TrustecslDircctor Lappointtd I.: Jun¢ 2025)
TIBBS DEMENTIA FOUNDATtON NOTES TO THE FINAIYCIAL STATEMENTS ST FOR THE YEARENDED 31 MARCH 2025 AC.COIINTlliC. POI,ICIFS (a) Basis of preparation. The financial statenients have been prepared in accordance with Accounling and Reporting by Charities.. Statement ot Recommended Practice applicable to Lharities prepariThgy tlieir accounls in accordIce with the Financial Repoiting Standard applicable to the United Kingdom {FRS 102) as amended by SORP 2. Tibb% Demcntia Foundation mccl8 thc dcfinilion of a public bcncfit cntity under FRS 102. Assets and liabililies are initially recognized dt historical Lust or tranydution valuc unle55 oiherwÉse stated in the relevant accounting policy T]Ote. (b) Going Concern After making enquiries the T1teeS have a reasonable expectation that the ChaTlty has adcquatc r¢sources to coiitinue its actLVltie5 for the toreseeable Fure. Accordingly. th¢y continue to adopt the goingi concern basis in PTepllring the financial 8talcinents as outlincd in thc Stalcment of Trustee's responsibilities on page 5. (¢1 Grant8 rcc¢ivable, donations and subscriptions Grants reccivabE¢, du1105 5ubsciiption% are recogllixed in th¢ p¢Yiod when th¢ ¥hari¢y has entiilement to the fund5': any peTfoTmance Condition attdched io the item of income ha.s bccn m¢t, il is probable that the income will be reLejTr'ed and the dmount Lan bt meAsuTrd rcliably. (d) Invegtment incom¥. Investn]cnt income is recognised on a receipts basis. (e) Resources expended Expenditure is recognised on an accrnals basis as a liability is incurrcd. Exp¢nditur¢ inGludcs aDy VAT whi¢h ¢anllol bc fully r¢covcred and is reported as part of th¢ expenditure to whiLh it relates. Charitable expendittir¢ compris¢5 thos¢ costs incurred by the charity in the delivery of its activitics for it% beneficiaries. It incliidc8 both cost8 that can L)¢ allocated dircctly lo such activitics and tlLose costs of an indirect natur¢ n¢cessary to support them. Costs are split betwren batebwurieb based on staff tim¥. Siipport ¢05ts aic those functions that assisi the work of the charily but du not directly undertake charitable actiN'ities and include the charity's governance costs. Governance Losts inLlude those Lost5 dssociaied with m¥¢ting the bon5titutlOlldl ana statutory requiremenLs of the Charity and include costs relevant to the strategic mai)agement of the charity. 12
TIBBS DEMENTIA FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 (fj P¢nsion costs. Thc company has re(pistered with NEST and paid contributions of £6.225.25 the year to 31" Marcb 202fi (2024- £4,329.47). (g) Fund*. Unrcstrictcd funds arc incoming rcsourccs rcceivable or generated for ihe objects of the charity without further specitied purpo%e and arc availablc ils a gcncral fund. Rcstrictcd fui)ds ar¢ to b¢ i¢ for specific piirposcs laid down by the donor, Expenditure which meets tb¢se ¢rit¢ria is charged to tILe fund. tog¢th¢r wilh a fair allocation of costs. (h) Financial Instnimellts Thc charity only has finanoial a5S¢ts and financial liabilities of a kn.nd thal qithlify as b1¢ financial instrum¢ntS', these beingT Lash at bank. d¢btors and rditorS. Basi¢ tinancial instrnments inifially recognized at transaction Value and sub8equeiiily m¢asur¢d at their settlement value. Unrestrieted Funds Restrieted Trund5 2025 Total Funds 2024 Total Fund$ DONATIOLNS AND GRANTS Bcdford Borough Countil Central Bedfordshire BC Th¢ Harpur Trust Bctt¢r Car¢ Ind Frank Brdnston Luton Be Active L¢ightoDILinsdale Council Univcrsity of Bcdford Flitwick Louncil Connolly Foundation 0.00 152.916.13 47,000.00 0.00 818.75 0.00 0.00 2.489.49 3.360.71 8,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 o.(10 0.00 0.00 0.00 152.916.13 47,OOD.00 0.00 818.75 0.00 0.00 2,489.49 3,360.71 8,000.00 14,239.00 149,105.64 49.000.(M) 12,973.20 9.006.25 2.515.00 500.00 ,00 D.00 0.00 214,585.08 2.383.17 95.495.04 1.284.41 214,585.08 2.383.17 ID5,178.89 1.,284.41 237,339.09 2.549.35 1?6,935.85 2,008.82 Funci'al Collcctiolls Oth¢r CoinmunÈty DonatioS Gift Aid ReLovered 0.00 9.683.85 0.00 TOTAL 313.747.70 9,6113.85 323,431.55 36¥,833.11 13
TIBBS DEMENTIA FOUNDATION NOTES TO THE FTNANCTAL STATEMENTS FOR THF YEAR ENDED 31ST MARCH 2025 Unrestrieted Fund% Restricted Funds 2025 Total Funds 2024 Total Funds ACTIVITIES FOR GENERAL FUNDS Sales of Mercl)andJ"se Fees for projects tn nursALg homes, etc. 1,487.94 0.00 1,487.94 1.099.50 7,000.00 0.00 7,000.00 10,500.00 TOTAL &487.94 0.00 8,487.94 11,599.511 ILNVES'J'MEIY'I. J]YCOhl Bank Interest 3.484.78 0.00 3.484.78 2,399.00 INCOML *ROM CHARITABLE ACTlVI'riTr;s C.ontribution5 frovn C.Ilents 59,997.51 0.00 59.997.51 43,689.56 EXPENDITURE ON CHARITABLE ACTIVITIES StatTing cost Facililatorg tees Room Hirc Client TranPOTt & Mileage Refr¢shni¢nt Costs Equipment Training & Supervision Hcar & Now (note 7) 352,675.09 43,042.00 35,105.50 7,962.33 223.32 2,829.88 o.()0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 353,675.09 43,042.00 35.105.50 7,962.33 223.32 2,829.88 O.OD 0.00 278,691.67 35,776.37 23.991.14 6,611.65 455.46 3.484.07 1,065.00 0.00 "roTAL 441,838.12 0.00 441,838.12 350,075.36 14
TIBBS DEMENTIA FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 Unrestricted Funds Restricted Funds 2U25 Total Tr und 2024 Tutal Funds STAFFING COSTS Salari¢s Einploy¢r's National Insurance Pensions 326.618.29 19,831.55 6,225.25 0.00 0.00 0.00 326.618.29 19,831.55 6.225.25 260,566.39 13,795.81 4,i29.47 TOTAL las above) 352,675.09 0.00 3$2,675.09 278,691.67 Nu ernploye¥s r¢Leived Temun¢ration greater than £60.000. The average nUEfLb¢r of employe¢¥ during the year was 18 (2024 J D. SUPPORT COSTS TrLlStees'lDirectors' Fees Insurance Othcr Administrative Costs Cost of gooils. foT resale Bank chargeb Go¢rment costs 0.00 2,531.05 15.720.09 766.84 1.616.93 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2,531.05 15.720.09 766.84 1.616.93 0.00 2,083.33 34,604.10 1,386.70 1,027.93 0.00 TOTAL 20.634.91 0.00 20,634.91 39,102.06 TRUS'I"EES' REMUNERATION. No remuiiera(ion is paid to th¢ Irus¢ees. Trustees can re¢¢ive reimburseLn¢nt of ¢XP¢llses ot. attending meetings which amount¢d to £nil. (9024 £Ril). EXAMINER'S RFMUNERATION. No fees or expenses have been paid tothc Fxaminer in resp¢¢t otihe view of the a¢¢ounls. £420.00 h&$ been paid diiring the ycar to Collett Hulance in respeLt of the payroll 5Cn'iLC they providc to thc charity. 15
TIBBS DEMENTIA FOUNDATION NOTES TO THE FINANCIAL STATEMENTS ST FOR THE YEAR ENDED 31 MARCH 2025 Balance At 01104124 Incoming Re$ource$ Outgoing Re$ource5 Bglance 31103125 RestriLtcd Fud 0.00 9,683.85 0.00 9,683.85 Unrestricted Fund General Fund 272.150.44 385.717.93 462,473.03 195.395.34 TOTAL 1NDs 272,150.44 395,401.78 462,473.03 205.079.19 UnTestrtcted fuiids are incoming r¢sour¢¢s r¢c¢ivabl¢ or g¢n¢rated for the objects of the charity without fLlrther specified purpos¢ and are available as a general fund. Rcstricted funds are to be used to fund to Bedford Mu%1¢ 4 M¢mory cost8 a8 r¢quiTCd. 10. ANALYSIS OF NET ASSETS BETWFFN FIINDS Unrestricted Funds Restricted Funds 'rotal Fund5 2025 Cuent assets Current lit¥bilitie.s 2?6,220.79 130,825.45) 9.683.85 0.00 235,91i4.64 (30,825.45) N¢t ass¢ts 195J95.34 9,683.85 205,079.19 Unrestricted Funds Reslricted Fuiids Totyl Funds 2024 Current assets Current liabilities 289.209.64 (17,059.20) 289,209.64 {17.059.20) Net assets 272,1511.44 272.150.44 16
TIBBS DEMENTIA FOUNDATION NOTES TO THE FINANCIAL STATEMENTS ST FOR THE YEAR ENDED 31 MARCH 2025 I I. TAXATION Tibbs Demenlia Foundatioll is a registered charity and is considered to pa%$ Ihe t¢sts sct out in Paragraph I S¢hcdulc 6 Finance Act 2010 and therefore it meets the definition of a charitable ompany tor UK Lvrporation tsx PELrposes. AccoIdingly, th¢ charity is potentially exempt from taxaTLon Tespect of income or capital gaing received within catcgoric8 ¢overcd by Cliapter 3 Part Il cooration TaJL Act 2010 or Section 256 of the Taxation of Capital Gains Act 1992, to th¢ ¢xtent that such inLome or gains are applied exclusively lo charitable purposeg. 12. CAPITAL COIVIMI'frMENTS There were no capital commitment8 at the ycar ¢nd £0.00 (9024 £0.00) 17